Optical instruments and apparatus, parts and accessories is exempted GST
Is GST payable on instruments and apparatus, parts and accessories? GST on Optical instruments and apparatus, parts and accessories is nil rate? Should I need to pay GST on my product Optical instruments and apparatus, parts and accessories?
GST tax on Optical instruments and apparatus, parts and accessories under HSN chapter 90
As per GST Law, there is no GST payable on Optical instruments and apparatus, parts and accessories.
So the rate of GST payable on Optical instruments and apparatus, parts and accessories is nil rate.
We already know that the GST slabs are pegged at 5%, 12%, 18% & 28%. under GST- 5 percent for essential goods, standard rate of 12 and 18 percent, high rate of 28 percent and peak rate of 28 percent plus cess for luxury items. The most essential goods and services attract nil rate of GST under Exempted Categories.
The above details about GST rate tariff on Optical instruments and apparatus, parts and accessories is only for information.
The validity of above information and amendments about GST rate on Optical instruments and apparatus, parts and accessories may be verified before any business dealing.
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